Non-Insider definition
Examples of Non-Insider in a sentence
In addition to the decisions that it makes in administering the Insider Program, annually the Committee for the Insider Program will approve the number of Shares to be granted under the Non-Insider Program for that fiscal year.
Each Non-Insider shall have delivered to PFO and the Company an executed Non-Insider Lock-Up Agreement.
The Employee Compensation, Expense Reimbursements, Non- Insider Employee Incentive Programs, Health and Welfare Programs, Paid Leave and Unpaid Leave, and Non-Insider Severance Programs (each as defined in the Wages Motion (including as the Wages Motion would apply to Insiders, notwithstanding any exclusion of Insiders from the relief requested in the Wages Motion)).
The Company understands and confirms that each of the Non-Insider Buyers will rely on the foregoing representations in effecting transactions in securities of the Company.
The securities of the Company governed by the Non-Insider Lock-Up Agreement shall contain the “lock-up” legend substantially as set forth in Section 5.17 herein.
Beginning on the One Hundred and Eighty First (181st) day after the Closing Date and for the remainder of such lock-up period, the Non-Insiders may sell up to 10% of the securities held by them governed by the Non-Insider Lock-Up Agreement in any thirty (30) calendar day period (on a non-cumulative basis).
The terms of the Non-Insider Lockup Agreement may not be amended or terminated without the written consent of DJ.